Achieving Financial Success – Two Options, Different Outcomes

Throughout our lives, we’ve all had the desire to be all we can be. However, as we grow older, we tend to ignore this desire and settle for a boring life full of financial struggles simply because we are too frightened to explore the activities that excite us.

It is all too common to end up earning a living by doing work that makes you miserable and bores you to death, all as an excuse for pursuing a career based on what you studied at school.

When it comes to achieving financial success, those who venture to break out of the rut and end up living life on their own terms are considered ‘lucky’ by their less daring peers who don’t seem to appreciate the link between audacity and accomplishment.

Once you decide to join their ranks, you have two options:

1. You can try to do everything yourself, make lots of expensive, avoidable mistakes and suffer the pain of regret, or
2. Humble yourself and learn from the experience of others, saving time and money in the process.

Option two is clearly the better choice, but you would be surprised at how many people go it alone until they hit a brick wall.

Finding a mentor willing to share the insights of his or her success will put you years ahead of where you would have been on your own.

This will give you a brighter outlook and lets you see a clearer picture of what you really want and a fresh mind to know what steps to take to get there.

Don’t be discouraged if things are not happening as fast as you would want them to.

Being patient with yourself and trying to stay focused even under the most discouraging circumstances can help you build the resilience you need to succeed.

It will then become a lot easier for you to avoid spending time with people who make you feel unworthy and incapable of achieving financial success, especially when you start to face challenges that will make you question your decisions.

If you lack the courage to make decisions quickly, chances are that you’ll approach your endeavors half-heartedly at the risk of being over-cautious, making backup plans as you go along.

Interestingly, these backup plans can be counter-intuitive as one of my mentors pointed out. This also reminds me of the level of determination that comes with ‘burning your bridges’ as pointed out by Napoleon hill in ‘Think and Grow Rich’.

For as long as you are not bold enough to try different approaches to building a nest egg, you will always run the risk of facing situations that will force you to modify your financial behavior.

Retirement, retrenchment, termination, divorce or even failure of a business venture can make it difficult for you to financially support your family in need, at which point you may not have the opportunity to go back to doing meaningful work to earn a living.

Achieving financial success requires resourcefulness and careful planning. Most people are too lazy to plan ahead. Don’t be one of them.

If you’re at the point in your life where you feel it’s time to start taking charge of your finances, Click here to download my FREE report ‘7 key Factors That Can Help Improve Your Financial Health’ and feel free to share it with your family and friends.